Raymond James Financial Services Advisors Inc. increased its stake in shares of TotalFinaElf, S.A. (NYSE:TOT) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,473 shares of the oil and gas exploration company’s stock after purchasing an additional 4,067 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in TotalFinaElf, were worth $4,146,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sound Shore Management Inc. CT lifted its stake in shares of TotalFinaElf, by 20.7% during the 2nd quarter. Sound Shore Management Inc. CT now owns 3,871,102 shares of the oil and gas exploration company’s stock worth $191,968,000 after purchasing an additional 663,620 shares during the last quarter. Federated Investors Inc. PA lifted its stake in shares of TotalFinaElf, by 19.4% during the 2nd quarter. Federated Investors Inc. PA now owns 3,263,793 shares of the oil and gas exploration company’s stock worth $161,851,000 after purchasing an additional 529,941 shares during the last quarter. Capital World Investors lifted its stake in shares of TotalFinaElf, by 2.3% during the 2nd quarter. Capital World Investors now owns 3,016,497 shares of the oil and gas exploration company’s stock worth $149,588,000 after purchasing an additional 69,255 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of TotalFinaElf, by 12.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,480,198 shares of the oil and gas exploration company’s stock worth $73,405,000 after purchasing an additional 158,455 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its stake in shares of TotalFinaElf, by 2.2% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,472,468 shares of the oil and gas exploration company’s stock worth $73,019,000 after purchasing an additional 31,880 shares during the last quarter. Hedge funds and other institutional investors own 5.37% of the company’s stock.

TotalFinaElf, S.A. (TOT) opened at $56.11 on Thursday. TotalFinaElf, S.A. has a 1 year low of $46.04 and a 1 year high of $56.98. The stock has a market capitalization of $136,827.98, a PE ratio of 13.80, a P/E/G ratio of 2.23 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.47.

TotalFinaElf, (NYSE:TOT) last announced its earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.07 by ($0.03). TotalFinaElf, had a net margin of 4.90% and a return on equity of 9.39%. The business had revenue of $43.04 billion for the quarter. equities analysts predict that TotalFinaElf, S.A. will post 4.11 earnings per share for the current fiscal year.

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A number of brokerages recently weighed in on TOT. Cowen and Company restated a “buy” rating and set a $58.00 price objective on shares of TotalFinaElf, in a research note on Tuesday, October 24th. Piper Jaffray Companies restated a “hold” rating and set a $53.00 price objective on shares of TotalFinaElf, in a research note on Thursday, October 19th. Royal Bank Of Canada cut TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 26th. Scotiabank set a $54.00 price objective on TotalFinaElf, and gave the stock a “hold” rating in a research note on Tuesday, August 22nd. Finally, Barclays PLC cut TotalFinaElf, from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $50.30 to $57.00 in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $55.40.

About TotalFinaElf,

Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.

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Institutional Ownership by Quarter for TotalFinaElf, (NYSE:TOT)

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